https://www.taxtmi.com/caselaws?id=378535 The Bombay High Court upheld the Income Tax Appellate Tribunal's decision allowing a partnership firm to deduct payments made to the legal heir of a deceased partner as admissible expenditure under the partnership deed. The Court relied on precedents and principles of diversion of income at source, dismissing the income tax appeal and affirming the Tribunal's ruling in favor of the firm. en-us Tue, 09 Apr 2019 00:00:00 +0530 Wed, 17 Apr 2019 16:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378535 The Bombay High Court upheld the Income Tax Appellate Tribunal's decision allowing a partnership firm to deduct payments made to the legal heir of a deceased partner as admissible expenditure under the partnership deed. The Court relied on precedents and principles of diversion of income at source, dismissing the income tax appeal and affirming the Tribunal's ruling in favor of the firm. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378535